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Duration Is Influenced by Everything Except

Question 51

Multiple Choice

Duration is influenced by everything except:


A) maturity.
B) market rate of interest.
C) coupon rate on the bond.
D) the issuer of the bonD.The three factors that determine the value of duration are the maturity of the bond,the market rate of interest,and the coupon rate.Duration is positively correlated with maturity but moves in the opposite direction of market rates of interest and coupon rates;that is,the higher the market rate of interest or the coupon rate,the lower the duration.

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